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Casey's General Stores joins S&P 500 as Hologic exits

Casey's General Stores joins S&P 500 as Hologic exits

Casey's General Stores will replace Hologic in the S&P 500 index before trading on April 9. DigitalOcean Holdings will move to the S&P MidCap 400, replacing Casey's General Stores. Broadstone Net Lease will join the S&P SmallCap 600, replacing DigitalOcean Holdings.

Index Changes

Casey's General Stores Inc. will join the S&P 500, replacing Hologic Inc. This change is effective before the market opens on April 9. DigitalOcean Holdings Inc. will move from the S&P SmallCap 600 to the S&P MidCap 400, taking the place of Casey's General Stores. Broadstone Net Lease Inc. will replace DigitalOcean Holdings in the S&P SmallCap 600.

Corporate Acquisitions

Affiliates of Blackstone Inc. and TPG Global are acquiring Hologic Inc. This acquisition prompts the removal of Hologic from the S&P 500. The transaction details and implications for Hologic's operations remain undisclosed. The acquisition is part of a broader trend of private equity investments in the healthcare sector.

What's Next

The changes will take effect before trading begins on April 9. It remains uncertain how these shifts will impact stock performance in the respective indices.

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Casey's General Stores joins S&P 500 as Hologic exits